<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0000905148-25-001458</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002010958</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Common stock, $0.01 par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>02/01/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000931148</issuerCik>
        <issuerName>GrafTech International Ltd.</issuerName>
        <issuerCusip>384313508</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">982 Keynote Circle</street1>
          <city xmlns="http://www.sec.gov/edgar/common">Brooklyn Heights</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">OH</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">44131</zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Colonial House Capital Limited</reportingPersonName>
      <citizenshipOrOrganization>A6</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>3248670</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>3248670</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3248670</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>12.6</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <comments>Item 11 is calculated based on 25,820,110 shares of common stock, $0.01 par value per share ("Common Shares"), of GrafTech International Ltd., a Delaware corporation (the "Issuer"), issued and outstanding as of October 17, 2025, as reported on the Issuer's annual report on Form 10-Q for the fiscal quarter ended September 30, 2025, filed with the Securities and Exchange Commission on October 24, 2025. Share amounts reported in this statement give effect to a 1-for-10 reverse stock split effected on August 9, 2025.
On February 1, 2026, Colonial House Capital Limited amalgamated with WJS Investments Limited and a third entity to form new Colonial House Capital Limited, which is the reporting person. All of the Common Shares formerly owned by the parties to the amalgamation are now owned by the reporting person. </comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>GrafTech International Ltd.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>982 Keynote Circle, Brooklyn Heights, OH 44131</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Colonial House Capital Limited</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>17 Prince Arthur Avenue, 2nd Floor, Toronto, ON M5R 1B2, Canada</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Canada</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See Row 9 of the cover page.</amountBeneficiallyOwned>
        <classPercent>See Row 11 of the cover page.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See Row 5 of the cover page.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See Row 6 of the cover page. </sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See Row 7 of the cover page. </solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See Row 8 of the cover page.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Colonial House Capital Limited</reportingPersonName>
      <signatureDetails>
        <signature>/s/Walter Schroeder</signature>
        <title>Chairman</title>
        <date>02/18/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
